Image Recognition
These tactics include embracing security measures like anti-theft systems, on-site monitoring, and facial recognition technologies. Facial recognition systems have been highly effective in preventing theft and robberies. For example, a major retail store chain reports that its facial recognition system prevents thousands of crimes each month. Fortune Business Insights predicts that the global market for facial recognition technology will achieve a remarkable $12.92 billion by 2027, with a compound annual growth rate of 14.8 percent over 2019. To combat theft, the facility collaborated with Francaza, a Brazilian integrator, and RecFaces, a facial recognition solution developer, to implement Id-Guard facial identification software.